Venezuela vs Yemen: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Yemen ranked 105th with $26.9B. By GDP 5-years average growth and GDP per capita, Venezuela and Yemen ranked 181st vs 180th and 58th vs 172nd, respectively.

Gross Domestic Product & Income

StatVenezuelaYemen
GDP$482.4B$26.9B
GDP growth, 1 year-18%-2.7%
GDP growth, 5-years average-12.2%-7.8%
Population28.5M28.3M
GDP per capita$16k$944
GDP per capita growth-18.17%-4.97%
Purchasing Power Parity conversion factor5.57195.84
Price level ratio of PPP conversion factor GDP to market exchange rate0.890.37
GDP per capita, PPP adjusted$8.8k$2.4k
GNI, Atlas method$392.9B$37.7B
GNI per capita$13k$1.5k
GNI, PPP adjusted$352.8B$98.1B
GNI per capita, PPP adjusted$12k$3.8k

Financial system and Human development

StatVenezuelaYemen
Income Tax Rate34%N/A
Corporate Tax Rate34%N/A
Inflation, consumer prices929789.5%41.8%
Inflation, GDP deflator748.1%47.2%
Unemployment8.4%12.9%
Economic Freedom Index25.235
Personal Freedom Index6.334.75
Human Freedom Index5.275.4
Property Rights Index10.122.5
Judical Effectiveness Index12.620.1
Business Freedom Index30.843.9
Fiscal Health Index060.1
Labor Freedom Index27.743.8
Investment Freedom Index050
Financial Freedom Index10N/A
Trade Freedom Index5870
Monetary Freedom Index042.6
Government Spending Index66.396.5
Tax Burden Index72.8N/A
Government Integrity Index14.621.9
Corruption Perceptions Index1814
Life expectancy at birth, years72.266.1
Suicide mortality rate, per 100,000 people3.78.5
Mortality caused by road traffic injury, per 100,000 people33.721.5
Intentional homicides, per 100,000 people56.36.7
International tourism, number of arrivals427k367k

Government debt & reserves

StatVenezuelaYemen
Central government debt, % of GDP175.6%63.2%
External debt stocks, % of GNI33.9%26.1%
External debt stocks$154.9B$7B
Short-term debt, % of total reserves421.1%4.9%
Total debt service, % of exports and primary income69%14.6%
Adjusted net savings including particulate emission damage, % of GNI7.2%N/A
Gross savings, % of GDP8.9%N/A
Gross capital formation, % of GDP-3.7%N/A
Total reserves including gold$9.8B$5.3B
Foreign direct investment net inflows$956M-$282.1M

Exports, imports and economic structure

StatVenezuelaYemen
Exports of goods and services, % of GDP30.7%N/A
Imports of goods and services, % of GDP36.4%N/A
Current account balance (balance of payments)-$3.9B-$2.4B
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoP$125.8M$7.7B
Personal remittances received$297.1M$3.4B
Industry including construction value added, % of GDP37.2%28.7%
Agriculture, forestry and fishing value added, % of GDP5%4%
Charges for the use of intellectual property, payments BoP$258M$204.9M
Charges for the use of intellectual property, receipts BoPN/A$2.5M
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP33.5%10.8%

Compare with countries close by GDP per capita

Venezuela vs

CountryGDP
per capita
Population
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M

Yemen vs

CountryGDP
per capita
Population
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M